FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / credit-agreement-execution-version.docx
credit-agreement-execution-version.docx · 1038-00002

Parties

CASCADE RETAIL OPERATING COMPANY LLC
Cascade Retail Holdings Inc
Cascade Digital Commerce Inc
Cascade Outlet Stores LLC
Cascade Fulfillment Services Inc
Consolidated Net Inc
Ridgeline Asset Advisors LLC
Employee Retirement Inc

Dates

May 4, 2023
May 19, 2023
December 31, 2022
March 31, 2023
June 15, 2019
May 19, 2028

Amounts

$300,000,000
$175,000,000
$112,450,000
$23,650,000
$187,000,000
$294,000,000
$158,950,000
$191,100,000
$326,400,000
$37,500,000

Obligations

The term "ABL Collateral" shall not include (a) real property (except fixtures), (b) equity interests in Foreign Subsidiaries exceeding sixty-five percent (65%) of the voting stock of any such Foreign Subsidiary, or (c) intellectual property registered with the United States Patent and Trademark Office ("USPTO") or the United States Copyright Office ("USCO"); provided that intellectual property described in clause (c) shall be subject to a negative pledge in favor of the Collateral Agent as set forth in Section 7
"Adjusted Term SOFR" means, for any Interest Period, Term SOFR for such Interest Period plus the SOFR Adjustment; provided that if Adjusted Term SOFR as so determined shall be less than the SOFR Floor, Adjusted Term SOFR shall be deemed to be the SOFR Floor
Any change in the Base Rate due to a change in the prime rate, the Federal Funds Rate, or Adjusted Term SOFR shall be effective as of the opening of business on the day of such change
A Cash Dominion Event shall be deemed to be continuing until such time as the conditions set forth in Section 2
"Change of Control" means (a) any Person or "group" (within the meaning of Rules 13d-3 and 13d-5 under the Securities Exchange Act of 1934, as amended) shall acquire beneficial ownership, directly or indirectly, of more than thirty-five percent (35%) of the outstanding Equity Interests of CRH having ordinary voting power for the election of directors; (b) during any period of twelve (12) consecutive months, a majority of the seats (other than vacant seats) on the board of directors of CRH shall at any time be occupied by Persons who were neither (i) nominated by the board of directors of CRH nor (ii) appointed by directors so nominated; (c) CRH shall cease to own, directly or indirectly, one hundred percent (100%) of the Equity Interests of CROC; or (d) CROC shall cease to own, directly or indirectly, one hundred percent (100%) of the Equity Interests of each of Cascade Digital Commerce Inc
"Excluded Assets" means (a) real property (except fixtures), (b) Equity Interests in Foreign Subsidiaries exceeding sixty-five percent (65%) of the voting stock of any such Foreign Subsidiary, and (c) intellectual property registered with the USPTO or the USCO; provided that intellectual property described in clause (c) shall be subject to a negative pledge covenant in favor of the Collateral Agent as set forth in Section 7